Grande Portage Resources (CVE:GPG) Stock Price Down 7.5% – What’s Next?

Grande Portage Resources Ltd. (CVE:GPGGet Free Report) was down 7.5% during trading on Monday . The company traded as low as C$0.19 and last traded at C$0.19. Approximately 91,544 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 90,172 shares. The stock had previously closed at C$0.20.

Grande Portage Resources Trading Down 7.5 %

The stock has a market capitalization of C$22.16 million, a PE ratio of -18.50 and a beta of 1.10. The company’s 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.21. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.51 and a quick ratio of 14.73.

About Grande Portage Resources

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Grande Portage Resources Ltd., an exploration stage company, explores for, and develops natural resource properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Herbert gold property comprising 91 unpatented mining claims and located 25km in the north of Juneau, Alaska.

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